Would you trade a dollar for seventy-five cents?

Nancy Pelosi thinks you would:

The Affordable Care Act extends the life of Medicare by nearly a decade by reducing the rate of increase in payments to health care providers, by reducing costly taxpayer subsidies to insurance companies, and by reducing waste, fraud and abuse.

Read more: http://www.cnn.com/2012/10/15/opinion/pelosi-medicare/index.html?hpt=op_t1

But I keep running across comments from medical professionals that seem to suggest that Nancy Pelosi is naive:

Both a 2010 American Medical Association (AMA) survey and the 2011 National Ambulatory Medical Care Survey found that about 17 percent of physicians were already restricting the number of Medicare patients they treat even before ObamaCare.

A recent survey from the Doctors Patients Medical Association found that 74 percent of doctors say that they will stop accepting Medicare patients due to the restrictions of ObamaCare. It is not clear that restricting Medicare choices by cutting doctor and hospital reimbursements for procedures that are deemed unnecessary by the new Medicare board will save money if it leads to doctors dropping out and patients becoming sicker if they end up with less access to timely care.

Read more: http://www.foxnews.com/opinion/2012/08/20/cure-for-medicare/#ixzz29UL37C5M

So, who do you believe?

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